OSLO: Norway’s government said on Tuesday it had ordered a review of its sovereign wealth fund portfolio to ensure that Israeli companies contributing to the occupation of the West Bank or the war in Gaza were excluded from investments.
The review followed a report by the Aftenposten daily that said the $1.9 trillion fund had built a stake in 2023-24 in an Israeli jet engine group that provides services to Israel’s armed forces, including the maintenance of fighter jets.
The fund’s investment in the Bet Shemesh Engines Ltd. (BSEL) group is worrying, Norwegian Prime Minister Jonas Gahr Stoere told public broadcaster NRK.
“We must get clarification on this because reading about it makes me uneasy,” Stoere said.
BSEL did not immediately respond to a request for comment.
